Too bad. It's absurd the White House agreed to a deal that keeps your and my prescription drug prices artificially, and ridiculously, high.
The White House deal bars the government from negotiating drug prices, extends patent protections and blocks re-importing cheaper drugs from Canada.I get the White House's logic. Someone there thought they had a masterful plan to neuter Big Pharma's opposition to health care reform by, essentially buying them off with our money. You and I get to pay more for prescription drugs - a drug tax, as it were - to line Big Pharma's pockets, and keep them supporting the administration's reform effort. It was smart, perhaps too smart by half, but smart. But was it wise? Was it sound policy? Was it even necessary?